Here are five things to know Before the stock market opens

By Ethan Smith

01/19/2024

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iRobot stock fell almost 37% following news that the European Commission intended to thwart Amazon's proposed acquisition of the robotic vacuum manufacturer.

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In the pre-market, Spirit Airlines' shares increased by more than 30%, while JetBlue's shares increased by 2%.

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Meta Platforms' shares rose by 1% after CEO Mark Zuckerberg announced plans to purchase 350,000 Nvidia H100 GPUs for AI infrastructure, reportedly worth $9 billion.

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Macy's plans to cut 3.5% of its workforce and close five mall locations, potentially cutting 2,350 jobs, amid slowing sales. Macy's stock dropped 1% in pre-market trading.

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The Michigan Consumer Sentiment Index is expected to remain at 69.7 for January, and December home sales are projected to rise slightly to 3.83 million.